2612 92nd St S, Lakewood, WA 98499

$375,000
2,240
SqFt

Listing courtesy of Keller Williams Realty.

List Price
$375,000
Status
PENDING
MLS#
1558549
Days on Market
2
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,240
Lot Size (sq ft)
10,019

Property Description

Let the house hacking begin! Are you ready to start building your real estate empire and control your destiny? Well, start here! This duplex is your perfect starter home or investment! 3 Bd/2 Ba up and 2 Bd/1 Ba down. Total monthly rental income of $2,775! The upstairs unit has fresh paint and newer flooring with an awesome covered deck. Live here and rent out the lower unit, or kick up your house hacking and live downstairs and rent out the upstairs, choice is yours! Interior photos of 3 Bd.

Additional Information

List Date
2020-01-27 00:00:00
Community
Lakewood
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, FHA, State Bond, VA
Year Built
1969
Total Parking
8
Uncovered Parking
6
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking
Lot Details
Dead End Street, Open Space, Paved Street
School District
Clover Park
Elementary School
Four Heroes Elementa
Middle School
Lochburn Mid
High School
Clover Park High
Total Monthly Income
$2,775
Gross Scheduled Income
$33,300
Vacancy Rate
3
Gross Adjusted Income
$32,301
Annual Taxes
$3,393
Tax Year
2018
Insurance Expense
$1,123
W/S/G Expenses
$1,590
Total Expenses
$6,106
Net Operating Income
$27,194
Gross Rent Multiplier
11
Cap Rate
7

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
928
Unit 1 Rent
$1,275
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1200
Unit 2 Rent
$1,500
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